Global Wealth Report 2024: The GenAI Era Unfolds
The time is right for a full-scale technology transformation to boost profit margins and enable a new era of efficiencies.
Our Latest Thinking on Financial Institutions
Technology is reshaping financial institutions. Digital disruption can open doors to new opportunities—but choosing the right strategy to create value takes skill. Explore BCG’s latest insights and see what our experts think.
Featured Insights
Global Fintech: Prudence, Profits and Growth
Despite a continuing funding chill, fintech is on track for $1.5 trillion in revenues by 2030. But the rules of the game have changed.
AI and the Next Wave of Transformation
The key to future growth lies in using artificial intelligence to execute a highly effective three-part plan.
To Seize a $7 Trillion Opportunity, Banks Need Bolder Strategies for Serving Customers and Society
Banks must blaze a clear path that enables them to meet their obligations: driving economic growth, helping to finance the climate transition, and generating lasting shareholder value.
What’s Possible? GenAI and Banking
Banks have plenty of customer data and tech expertise, but will need to balance the opportunities of generative AI against privacy, accuracy, and compliance concerns. Michael Strauss takes a look at tomorrow's opportunities.
Managing Risk for the Next Wave of Digital Currencies
Better risk-mitigation strategies are here for digital-currency-related products and services. Use them to safeguard your investment and reputation in the ever-changing crypto landscape.
Indonesia’s Fintech Industry Is Ready to Rise
Indonesia’s vibrant fintech industry is on the path to a remarkable future of expanding and diversifying opportunities.
Financial Institutions Must Get Serious about Digital Ecosystems
The next few years could be make-or-break for some banks. If they don’t join the digital ecosystem movement, they will be consumed by it.
Saudi Arabia’s Banking Sector
Saudi Arabia’s banking sector experienced a period of high profitability in 2022 and is poised for continued growth for 2023.
Banks Can Bet Big on Social Impact
Financial institutions that lead on social tend to outperform. But there is no “net zero” for social—and banks are struggling to seize the opportunity.
How Platforms Can Revolutionize Small-Business Banking with Embedded Finance
Research from BCG and Adyen suggests that platforms are poised to solve small-business pain points—and revolutionize financial services in the process.
Global Retail Banking 2022: Sense and Sustainability
Sustainability is moving up the priority list for all retail bank stakeholders. What does a “sustainable” bank look like?
Financial Institutions on LinkedIn
How will financial institutions evolve? How will consumers bank ten years from now? Connect with us on LinkedIn to view our latest insights and share your ideas.
An Asset Manager on Clients’ Biggest Challenges
Hanneke Smits, CEO of BNY Mellon Investment Management, talks about how clients can still find good value through asset reallocation.
How to Reduce the Wealth Gap between Black and White Americans
White families in the United States have a median wealth nearly 10 times greater than that of Black families. BCG managing director and partner Kedra Newsom Reeves explores this racial wealth inequality, and outlines how financial institutions can support Black Americans.
Scalable Tech and Operations in Wealth and Asset Management
A new breed of end-to-end, third-party platforms can be successfully deployed by wealth and asset managers to help them cut costs and lift revenues.
How Asset Managers Can Transform with Generative AI
Deployed at scale, GenAI is well-poised to enhance and disrupt asset management. A GenAI strategy is needed to maximize the benefits and minimize risks.
How Bank CMOs Can Do More with Less
A laser-like focus on transforming marketing for efficiency can be the elusive key to unlocking effectiveness and growth as well.
The Far-Reaching Implications of New Capital Requirements for US Banks
US banks will need to act quickly and decisively to prepare for significant changes in regulation.
How Banks Can Unleash the Power of ESG Data
With the right strategy and platform, banks can transform ESG data from a headache into an opportunity.
Risk Management Failures: What Corporate CFOs Can Learn
Recent failures highlight the importance of building resilient approaches to financial risk management.
Global Payments Report 2023: Investor Scrutiny Provokes a Moment of Truth
With revenue growth slowing and the entire payments stack in flux, leaders cannot stand still. Winners will embrace the new fundamentals of growth and pivot their organizations now.
Revolutionizing Cross-Border Transactions with Permissioned DeFi
Permissioned decentralized finance—a blockchain-based financial technology—may finally support a cross-border payment system that is faster, cheaper, and more verifiable.
Global Payments Report 2022: The New Growth Game
BCG’s 20th annual study of the global payments industry examines how all participants in the payments ecosystem—including acquirers, issuers, networks, wholesale transaction banks, and fintechs—can raise their game by pursuing new strategies for growth.
South Africa and Artificial Intelligence
AI can play a major role in addressing the challenges that South African society faces in four key areas: healthcare, education, financial inclusion, and agriculture.
Financing the Energy Transition
BMO’s Jonathan Hackett sees opportunities in bringing together traditional and catalytic capital to push the boundaries of what’s possible.
Banks Can Ensure an Equitable Climate Transition
Financial institutions play a powerful role in funding global decarbonization. They can take several steps to ensure that their financing doesn’t worsen social inequity.
Why Rising Interest Rates Aren’t a Cure-All for Banks
This is no time for complacency. The improving interest rate environment may provide temporary relief, but banks need to use this cushion to fund their transformation.